# Kraken Robotics receives $34M in battery orders, plans new facility

Kraken Robotics received orders totaling $34 million for SeaPower pressure tolerant batteries from three clients. The company also signed a lease to open a new battery production facility in Nova Scotia, expected to be operational by end of 2025.

- Type: Contract
- Announced: 2025-02-26
- Where: Nova Scotia, Canada
- Value: $34.0M
- Status: announced
- Products: SeaPower pressure tolerant batteries, subsea lithium polymer batteries
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Kraken Robotics Inc.](https://endata.com/companies/17814.md)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/kraken-robotics-receives-34-million-seapower-battery-orders-2025-02-26), 2025-02-26: "These new orders illustrate the robust customer demand we have for Kraken's SeaPower batteries across the U.S., Europe, and Asia Pacific."
- [ept.ca](https://www.ept.ca/kraken-robotics-lands-34m-seapower-battery-order/), 2025-02-28: "Kraken Robotics Inc. has received orders totaling $34 million for SeaPower pressure tolerant batteries from three clients."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.